LSC Communications (LKSD) Upgraded to Strong-Buy by ValuEngine

ValuEngine upgraded shares of LSC Communications (NYSE:LKSD) from a buy rating to a strong-buy rating in a research report sent to investors on Tuesday.

Other research analysts have also issued research reports about the company. Citigroup lowered LSC Communications from a neutral rating to a sell rating in a research report on Friday, September 29th. BidaskClub raised LSC Communications from a strong sell rating to a sell rating in a research report on Thursday, September 28th. Finally, Zacks Investment Research raised LSC Communications from a strong sell rating to a hold rating in a research report on Tuesday, October 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $24.00.

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Shares of LSC Communications (NYSE:LKSD) traded up $0.04 during trading on Tuesday, reaching $14.15. The company had a trading volume of 172,640 shares, compared to its average volume of 251,686. LSC Communications has a 1-year low of $13.72 and a 1-year high of $28.96. The firm has a market cap of $491.66 and a price-to-earnings ratio of 48.79. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.10 and a current ratio of 1.42.

LSC Communications (NYSE:LKSD) last announced its earnings results on Thursday, November 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.03. LSC Communications had a return on equity of 24.72% and a net margin of 0.28%. The business had revenue of $935.00 million for the quarter, compared to analyst estimates of $928.67 million. During the same quarter last year, the firm earned $1.26 EPS. LSC Communications’s revenue for the quarter was down 1.5% compared to the same quarter last year. analysts anticipate that LSC Communications will post 2.1 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AHL Partners LLP boosted its stake in LSC Communications by 0.7% in the 2nd quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock valued at $213,000 after purchasing an additional 72 shares during the period. Voya Investment Management LLC boosted its stake in LSC Communications by 6.8% in the 2nd quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock valued at $317,000 after purchasing an additional 946 shares during the period. Sei Investments Co. boosted its stake in LSC Communications by 53.3% in the 2nd quarter. Sei Investments Co. now owns 6,508 shares of the company’s stock valued at $139,000 after purchasing an additional 2,263 shares during the period. Stifel Financial Corp boosted its stake in LSC Communications by 6.8% in the 2nd quarter. Stifel Financial Corp now owns 67,097 shares of the company’s stock valued at $1,435,000 after purchasing an additional 4,286 shares during the period. Finally, State of Tennessee Treasury Department boosted its stake in LSC Communications by 21.7% in the 2nd quarter. State of Tennessee Treasury Department now owns 30,887 shares of the company’s stock valued at $661,000 after purchasing an additional 5,510 shares during the period. Institutional investors and hedge funds own 84.36% of the company’s stock.

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LSC Communications Company Profile

LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.